Name: Endogenous Growth Theory (The mit Press)
Price: 220.48 NZD
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Author: Philippe Aghion
ISBN: 9780262528467

portada Endogenous Growth Theory (The mit Press)

Endogenous Growth Theory (The mit Press)

Type

Physical Book

Author

Philippe Aghion

Publisher

The Mit Press

Year

1997

Language

English

Pages

708

Format

Paperback

ISBN13

9780262528467

Synopsis "Endogenous Growth Theory (The mit Press) "

Whereas other books on endogenous growth stress a particular aspect, such as trade or convergence, this book provides a comprehensive survey of the theoretical and empirical debates raised by modern growth theory.Advanced economies have experienced a tremendous increase in material well- being since the industrial revolution. Modern innovations such as personal computers, laser surgery, jet airplanes, and satellite communication have made us rich and transformed the way we live and work. But technological change has also brought with it a variety of social problems. It has been blamed at various times for increasing wage and income inequality, unemployment, obsolescence of physical and human capital, environmental deterioration, and prolonged recessions.To understand the contradictory effects of technological change on the economy, one must delve into structural details of the innovation process to analyze how laws, institutions, customs, and regulations affect peoples' incentive and ability to create new knowledge and profit from it. To show how this can be done, Philippe Aghion and Peter Howitt make use of Schumpeter's concept of creative destruction, the competitive process whereby entrepreneurs constantly seek new ideas that will render their rivals' ideas obsolete.Whereas other books on endogenous growth stress a particular aspect, such as trade or convergence, this book provides a comprehensive survey of the theoretical and empirical debates raised by modern growth theory. It develops a powerful engine of analysis that sheds light not only on economic growth per se, but on the many other phenomena that interact with growth, such as inequality, unemployment, capital accumulation, education, competition, natural resources, international trade, economic cycles, and public policy.

Philippe Aghion

(Author)

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Philippe Aghion es un economista francés reconocido por sus aportes a la teoría del crecimiento endógeno y la innovación como motor del desarrollo económico. Nacido en París en 1956, ha sido profesor en instituciones de prestigio como la Universidad de Harvard y el Collège de France. Su investigación ha influido en la comprensión de cómo la competencia, la innovación tecnológica y las políticas públicas interactúan para impulsar el progreso económico. Su pensamiento retoma y amplía la noción schumpeteriana de “destrucción creativa” adaptándola a los desafíos del capitalismo contemporáneo.

Entre sus obras más destacadas se encuentra El poder de la destrucción creativa, escrita junto a Céline Antonin y Simon Bunel, donde analiza cómo la innovación puede generar crecimiento sostenible y bienestar social si se acompaña de instituciones sólidas. Aghion ha recibido múltiples reconocimientos, entre ellos el Premio Yrjö Jahnsson en Economía y el Prix Jean-Jacques Laffont, consolidando su posición como una de las voces más influyentes en el pensamiento económico moderno.

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